Bluestone Mortgages

Snow_Man84

Hi All,
Has anybody had any experience with desktop valuations? We have been informed that BS have already conducted a desktop valuation but now need and enhanced desktop valuation.........anybody know what's involved?

Thanks

cockerhoop47

New to the thread and sharing our experience. As with others, we have been in the paperwork cycle of bank statements, wait a week, request something else etc. We had the DIP beginning November so assumed we would have an offer this side of xmas but no. I just wondered what peoples experiences of the packaging companies have been ? I had unwisely assumed that the packager would get everything right and then the submission would be a formality. The packager just seems to  be a middle man whom you can't speak to directly who relays BS constant requests for further documents. Found out today, after waiting over a week they still wanted another statement that they had been sent a while back. Also found out today was the last day BS were working and are closed from tomorrow until 4th Jan. 

NannyPlum89

cockerhoop47 said:

New to the thread and sharing our experience. As with others, we have been in the paperwork cycle of bank statements, wait a week, request something else etc. We had the DIP beginning November so assumed we would have an offer this side of xmas but no. I just wondered what peoples experiences of the packaging companies have been ? I had unwisely assumed that the packager would get everything right and then the submission would be a formality. The packager just seems to  be a middle man whom you can't speak to directly who relays BS constant requests for further documents. Found out today, after waiting over a week they still wanted another statement that they had been sent a while back. Also found out today was the last day BS were working and are closed from tomorrow until 4th Jan. 

I cant believe you've been waiting so long. Has your valuation been done? Our application went in last Thursday, by Monday they'd already instructed and booked the valuation. We were asked for a few more documents today, sent them straight over but we're not expecting to hear anything else now until the New Year. I'm not sure whether our broker is using a packager or not, but our broker has been amazing so far.

Snow_Man84

cockerhoop47 said:

New to the thread and sharing our experience. As with others, we have been in the paperwork cycle of bank statements, wait a week, request something else etc. We had the DIP beginning November so assumed we would have an offer this side of xmas but no. I just wondered what peoples experiences of the packaging companies have been ? I had unwisely assumed that the packager would get everything right and then the submission would be a formality. The packager just seems to  be a middle man whom you can't speak to directly who relays BS constant requests for further documents. Found out today, after waiting over a week they still wanted another statement that they had been sent a while back. Also found out today was the last day BS were working and are closed from tomorrow until 4th Jan. 

I feel your pain
it was September when our full application was submitted and we still haven’t had our offer. Only just reached the stage where valuation has been instructed and they have said they are now happy to move forward. We are buying an older property in the NE so you can imagine the seller is getting very impatient and has threatened to re-market the house. So frustrating!!! 

Lomans

Denis525 said:

NannyPlum89 said:

Denis525 said:

Thanks for your reply but now is to late, our application is all ready submitted to bluestone, i hope they prepare our application properly , and will be not questions asked 🙃

Hi, we are also using Simply and our application to Bluestone went in yesterday. Our case manager told us she expects an update within 5 days, so fingers crossed we might hear something before Christmas.

Hi 👋 , fingers crossed for you ,hopefully   we will have an update soon . Stressful time just started for us , does anyone know if they working between Christmas and New year? 

Hi,

We had our valuation on Monday and are now at final underwriting stage so fingers crossed.

I found their opening hours on their LinkedIn page.  Your broker may have different hours though.

cockerhoop47

To be honest, both the broker and packager have been poor. I assumed the packager would have everything together so the submitting the application would be a formality. Half the stuff they have asked for I had already sent. Bank statements went twice but she still asked for them again. Very frustrated with the whole process now. 

Snow_Man84

cockerhoop47 said:

To be honest, both the broker and packager have been poor. I assumed the packager would have everything together so the submitting the application would be a formality. Half the stuff they have asked for I had already sent. Bank statements went twice but she still asked for them again. Very frustrated with the whole process now. 

Yeah, had a very similar experience where our Broker let us down a few times. You would think it was their first time applying for mortgages. I'm sure they would have an idea of any potential documents that might be needed so we can prep for it. One example is that I had to provide a closing statement for a loan that I had. I was quote 28 days to have this sent out. Also our broker failed to tell us that BS will only work with certain Solicitors off their panel, so we had to instruct a 2nd company to avoid doubling up on legal fees. Just a total nightmare from start to finished. 

Denis525

Hi , 
Our application was sent in on 18th December BS completed first initial underwrite  today and they request some documents  like ,phone bil account number  and credit card statement, we send them straight away but now they are closed.  Is this a good sign? 
Thanks

samster1

My broker  got me to send over everything they will ask for in advance, 12 wage slips, banks statements, P60, rent payments , proof of deposit. She said getting all this submitted in advance will speed things up dramatically rather than waiting till they ask for it. That been said not heard anything back yet. 

davidthompson1

Hey everyone!
The full application was submitted on Thu 17th with a Hard Search on my credit report conducted Sat 19th. 
My mortgage broker/advisor is off to 11th and my solicitor has asked if it has passed initial vetting yet, as he is off until 11th he isn't around to check has anyone ever rang/emailed BlueStone for an update themselves?